Federated Hermes MDT Small Cap Core ETF (NYSEARCA:FSCC) Shares Shorted: Short Interest Down 97.9% in October

Federated Hermes MDT Small Cap Core ETF (NYSEARCA:FSCC) was the recipient of a large decrease in short interest during the month of October. As of October 30th, there was short interest totaling 7,264 shares, a decrease of 97.9% from the October 15th total of 346,465 shares. Based on an average daily volume of 47,360 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are short sold.

Hedge Funds Weigh In On Federated Hermes MDT Small Cap Core ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Petros Family Wealth LLC acquired a new stake in Federated Hermes MDT Small Cap Core ETF in the 3rd quarter valued at approximately $234,000. Waverly Advisors LLC acquired a new position in Federated Hermes MDT Small Cap Core ETF during the 1st quarter worth $210,000. Johnson Financial Group Inc. acquired a new position in Federated Hermes MDT Small Cap Core ETF during the 1st quarter worth $362,000. Sanctuary Advisors LLC boosted its position in Federated Hermes MDT Small Cap Core ETF by 27.3% during the 1st quarter. Sanctuary Advisors LLC now owns 13,290 shares of the company’s stock worth $395,000 after acquiring an additional 2,850 shares during the period. Finally, Americana Partners LLC boosted its position in Federated Hermes MDT Small Cap Core ETF by 7.3% during the 3rd quarter. Americana Partners LLC now owns 30,982 shares of the company’s stock worth $1,037,000 after acquiring an additional 2,107 shares during the period.

Federated Hermes MDT Small Cap Core ETF Stock Performance

Shares of NYSEARCA:FSCC traded down $0.14 during trading hours on Tuesday, hitting $34.06. The stock had a trading volume of 22,069 shares, compared to its average volume of 77,686. The stock’s fifty day simple moving average is $34.13 and its 200 day simple moving average is $33.67. Federated Hermes MDT Small Cap Core ETF has a 1-year low of $27.83 and a 1-year high of $37.52. The firm has a market capitalization of $453.00 million, a price-to-earnings ratio of 15.80 and a beta of 1.23.

About Federated Hermes MDT Small Cap Core ETF

The Federated Hermes MDT Small Cap Core ETF (FSCC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is actively managed, investing primarily in small-cap US companies within the Russell 2000 Index. The fund aims for capital growth, utilizing a quantitative model focused on maximizing returns and risk management FSCC was launched on Jul 30, 2024 and is issued by Federated Hermes.